Friday, August 12, 2022

Stephen Lawson and Howard Solomon

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Cisco shares stung after quarterly report

Shares of the sixth-largest U.S. technology company by market value plunged as much as 17 per cent, the biggest one-day drop in 16 years after it missed financial analysts' estimates

Cisco closes Tandberg purchase

An industry analyst predicts Cisco will rev up its marketing engine to push its broader videoconferencing line. Read why he thinks the deal is good for Tandberg users

Nokia, Avaya, Siemens moving in on Nortel?

Nortel denies rumours of auction of company enterprise units. But reports says competitors are vying for the troubled Canadian company's CDMA, LTE and VoIP businesses

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